SEI To Utilize InvesTier Functions

November 14, 2002 ( - SEI Investments has signed an agreement with Organizer Systems (OSI) to utilize OSI's hedge fund system InvesTier.

InvesTier, developed by OSI in 2001 will be integrated into SEI’s Alternative Investment Fund Service unit as a means of giving its clients straight through hedge fund processing, from execution to allocation.  

The integration will combine InvesTier’s accounting, fee calculation and equalization accounting functions with SEI’s current accounting and hedge fund functions.

Stephen Meyer, head of SEI’s Alternative Investment Manager unit said, “the bottom line to our clients is that we can deliver better investor reporting faster”.